Focus

This forthcoming report explores recent developments in environmental cost-benefit analysis (CBA). This is defined as the application of CBA to projects or policies that have the aim of environmental improvement or are actions that affect the natural environment as an indirect consequence.

This report contributes to the discussion of interconnections between scarce resources by highlighting the nexus between land, water and energy (the LWE nexus). It focuses on a dynamic, integrated, and disaggregated analysis of how land, water and energy interact in the biophysical and economic systems.

Households typically cannot observe the price or the amount of electricity that they consume in real-time, so that they do not have the basis to make well-informed decisions about their electricity consumption.

Can providing information help consumers to reduce their environmental footprint? The roll-out of smart electricity meters, which enable real-time feedback on electricity consumption to residential consumers, can help answer this question.